Asia Pacific > Upping Australia’s climate target would unlock vast investment potential, boost offset outlook -report

Upping Australia’s climate target would unlock vast investment potential, boost offset outlook -report

Published 14:01 on October 11, 2020  /  Last updated at 13:55 on October 9, 2020  / Stian Reklev /  Asia Pacific, Australia

Australia setting a climate target in line with the Paris Agreement would create A$63 billion ($45.3 bln) worth of investment opportunities by 2025, with more than half of that tied to carbon sequestration and the offset market, according to a report released Monday.
Australia setting a climate target in line with the Paris Agreement would create A$63 billion ($45.3 bln) worth of investment opportunities by 2025, with more than half of that tied to carbon sequestration and the offset market, according to a report released Monday.


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